Compassionate Hope Foundation

The information on this page was last updated 3/20/2023. If you see errors or omissions, please email: [email protected]


Summary

Compassionate Hope is a global charitable organization providing hope and a future to victims and potential victims of human trafficking and religious persecution in Southeast Asia.


Contact information

Mailing address:
Compassionate Hope Foundation
111 GLORYLAND LANE
ANTIOCH, TN 37013

Website: compassionatehope.org

Phone:

Email: [email protected]


Organization details

EIN: 274431021

CEO/President: Al Henson

Chairman: Al Henson

Board size: 7

Founder: Al Henson

Ruling year: 2012

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2020


Purpose

We believe the Bible to be the inspired, the only infallible, the authoritative Word of God.


Mission statement

Compassionate Hope is a global charitable organization focused on providing hope and a future to victims and potential victims of human trafficking and religious persecution in Southeast Asia.

We serve "the least of these"-children who are vulnerable to human trafficking and sexual exploitation.

We provide loving homes in which "at risk" children's needs are met: physical, emotional, educational, vocational, social, and spiritual. Our commitment to our children is to help them receive education and training through university, Bible college, or vocational training-thus, ending the cycle of poverty in a family that too often leads to human trafficking.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating219 of 107728 of 140
Fund acquisition rating189 of 107827 of 140
Resource allocation rating709 of 107884 of 140
Asset utilization rating137 of 107722 of 140

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%2%2%1%2%2%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%2%2%1%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%89%100%100%99%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%2%2%1%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%11%0%0%1%3%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%82%94%94%90%95%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%85%115%79%109%92%
Program output ratio Program output ratio =
Program services /
Total revenue
75%70%108%74%98%87%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%15%-15%21%-9%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
15%53%-53%60%-36%33%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%16%5%5%8%3%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.152.864.102.164.343.54
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.181.021.001.001.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.642.904.112.164.343.54
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
23.9619.5791.8142.0624.0566.12
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.050.010.020.040.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.683.922.895.432.653.34
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
6%5%1%2%4%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
82%33%24%45%22%28%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$709,936$325,730$497,123$134,545$281,742
Receivables, inventories, prepaids$35,693$512$35,445$85,000$8,124
Short-term investments$0$16,563$0$0$0
Other current assets$0$0$0$0$0
Total current assets$745,629$342,805$532,568$219,545$289,866
Long-term investments$0$1,100$0$0$0
Fixed assets$11,692$0$0$0$0
Other long-term assets$0$0$0$0$0
Total long-term assets$11,692$1,100$0$0$0
Total assets$757,321$343,905$532,568$219,545$289,866
 
Liabilities20192018201720162015
Payables and accrued expenses$37,103$3,734$12,663$9,129$2,144
Other current liabilities$1,000$0$0$0$2,240
Total current liabilities$38,103$3,734$12,663$9,129$4,384
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$38,103$3,734$12,663$9,129$4,384
 
Net assets20192018201720162015
Without donor restrictions$683,900$235,763$343,852$118,046$182,291
With donor restrictions$35,318$104,408$176,053$92,370$103,191
Net assets$719,218$340,171$519,905$210,416$285,482
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$2,254,654$1,230,549$1,457,977$866,667$1,092,740
Program service revenue$229,919$0$0$8,598$22,306
Membership dues$0$0$0$0$0
Investment income$3$8($95)$0$0
Other revenue$58,760$0$0$3,528$5,962
Total other revenue$288,682$8($95)$12,126$28,268
Total revenue$2,543,336$1,230,557$1,457,882$878,793$1,121,008
 
Expenses20192018201720162015
Program services$1,775,562$1,325,259$1,080,605$860,275$976,043
Management and general$349,808$63,854$54,251$77,414$33,424
Fundraising$38,919$21,178$13,537$16,170$17,448
Total expenses$2,164,289$1,410,291$1,148,393$953,859$1,026,915
 
Change in net assets20192018201720162015
Surplus (deficit)$379,047($179,734)$309,489($75,066)$94,093
Other changes in net assets$0$0$0$0$0
Total change in net assets$379,047($179,734)$309,489($75,066)$94,093

Compensation

NameTitleCompensation
Jeff SchulteMember$212,160
Al HensonPresident$91,480
Catherine DoyleTreasurer$22,500

Compensation data as of: 12/31/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/20/2023. To update the information below, please email: [email protected]


History


Program accomplishments

Our 55+ Homes of Hope in Southeast Asia welcome these children into a loving, family environment where their physical, spiritual, emotional, educational, and vocational needs are met


Needs